Mr Hwang Chang-gyu, the chief executive of Samsung Electronics’ semiconductor division declared that Samsung will endeavor to make the semiconductor division of Samsung Electronics reach $ 40 billion in sales by 2010 and become the world’s No.1 semiconductor manufacturer—both in memory and non-memory sectors—surpassing Intel and others. In an exclusive interview with Korean media Dong-A Ilbo on September 15th at the Samsung Electronics semiconductor plant in Giheung District, Hwang said, “On the basis of its diverse semiconductor portfolio, Samsung Electronics will be able grow over 20 percent annually to achieve 40 billion dollars in sales by 2010, twice the level of what it currently sells.”

He went on to say that even though Intel has so far dominated the semiconductor market, in the future, however, Samsung Electronics will gradually take the center stage as memory-based fusion/convergence semiconductors lead the market. In the interview, Hwang called Lee Kun-hee, the chairman of Samsung Group, “a business philosopher who took business management up to the level of philosophy.” He said, “Chairman Lee has a consistent and profound philosophy on ‘nurturing of talents’ and ‘research and development (R&D).’ His business philosophy has been the key factor that made Samsung Electronics’ semiconductor division what it is now.”

Mr Hwang Chang-gyu, the chief executive of Samsung Electronics’ semiconductor division declared that Samsung will endeavor to make the semiconductor division of Samsung Electronics reach $ 40 billion in sales by 2010 and become the world’s No.1 semiconductor manufacturer—both in memory and non-memory sectors—surpassing Intel and others. In an exclusive interview with Korean media Dong-A Ilbo on September 15th at the Samsung Electronics semiconductor plant in Giheung District, Hwang said, “On the basis of its diverse semiconductor portfolio, Samsung Electronics will be able grow over 20 percent annually to achieve 40 billion dollars in sales by 2010, twice the level of what it currently sells.”

He went on to say that even though Intel has so far dominated the semiconductor market, in the future, however, Samsung Electronics will gradually take the center stage as memory-based fusion/convergence semiconductors lead the market. In the interview, Hwang called Lee Kun-hee, the chairman of Samsung Group, “a business philosopher who took business management up to the level of philosophy.” He said, “Chairman Lee has a consistent and profound philosophy on ‘nurturing of talents’ and ‘research and development (R&D).’ His business philosophy has been the key factor that made Samsung Electronics’ semiconductor division what it is now.”